Local Baltimore Banks with the Best CD Rates
When shopping around for the highest certificate of deposit interest rates, it helps to look at local financial institutions. Generally, smaller banks are especially invested in the communities they serve and thus, make providing the best rates to customers a top priority.
However, finding the best CD rates in Baltimore can be tough if you don’t know where so start, so we’ve compiled the best rates across various term lengths for community banks in the area.
Baltimore Banks with the Best 6-Month CD Rates
- Hopkins Federal Savings Bank: 1.11%
- Kopernik Federal Bank: 0.9%
- Homewood Federal Savings Bank: 0.85%
Highest 12-Month CD Rates from Baltimore Banks
- Hopkins Federal Savings Bank: 1.16%
- Virginia Heritage Bank: 1.15%
- Homewood Federal Savings Bank: 1.1%
Best 24-Month CD Rates from Baltimore Banks
- 1st Commonwealth Bank of Virginia: 1.4%
- Cecil Bank: 1.4%
- Chain Bridge Bank, National Association: 1.4%
Please note that these rates are accurate as of May 19, 2011 but are subject to change at any time.

